CVS Health Corporation, headquartered in the United States, stands as a leading entity in the healthcare industry, primarily focusing on pharmacy services, health insurance, and retail health solutions. Founded in 1963, CVS Health has evolved significantly, marked by key milestones such as the acquisition of Aetna in 2018, which enhanced its position in the health insurance market. With a diverse range of core products and services, including prescription medications, health management programmes, and MinuteClinic services, CVS Health distinguishes itself through its integrated approach to healthcare delivery. The company operates extensively across the US, serving millions of customers and patients, and is recognised for its commitment to improving health outcomes. As a prominent player in the healthcare landscape, CVS Health continues to innovate and adapt, solidifying its market position through strategic initiatives and a focus on community health.
How does Cvs Health's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Health Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cvs Health's score of 71 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, CVS Health reported total greenhouse gas emissions of approximately 12,000,000,000 kg CO2e, with emissions distributed across various scopes: 261,522,000 kg CO2e for Scope 1, 653,702,000 kg CO2e for Scope 2, and a significant 11,387,115,000 kg CO2e for Scope 3. This represents a notable increase in emissions compared to previous years, highlighting the challenges faced in reducing their carbon footprint. CVS Health has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 47% by 2030 from a 2019 baseline. Additionally, they plan to achieve net-zero greenhouse gas emissions across their entire value chain by 2050. For Scope 3 emissions, which include those from purchased goods and services, CVS also targets a 47% reduction by 2030. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction for Scope 3 emissions related to purchased goods and services, business travel, and downstream transportation. These targets are validated by the Science Based Targets initiative (SBTi) and align with the global aim to limit warming to 1.5°C. CVS Health's commitment to sustainability reflects a proactive approach to addressing climate change, with a focus on significant reductions in greenhouse gas emissions over the coming decades.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 157,199,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 1,036,690,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 24,608,123,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cvs Health is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.